Japan Surveillance IP Cameras Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 2.20 Billion |
| Market Size (2029) | USD 4.20 Billion |
| CAGR (2024 - 2029) | 13.90 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Japan Surveillance IP Cameras Market Analysis
The Japan Surveillance IP Cameras Market size is estimated at USD 2.20 billion in 2024, and is expected to reach USD 4.20 billion by 2029, growing at a CAGR of 13.90% during the forecast period (2024-2029).
Amid escalating security threats, businesses increasingly recognize the imperative of proactive surveillance. As technology progresses, conventional analog systems are losing their edge, underscoring the ascent of IP cameras. These Internet Protocol cameras are not just a replacement but a transformative force, reshaping the surveillance landscape for a safer tomorrow.
- IP cameras, especially when integrated with AI, stand at the forefront of the safety market's growth. They're not just excelling in traditional security roles but also branching into highly specialized applications. While video analytics for marketing insights is common in retail, IP cameras with advanced analytics are now pivotal in managing facilities and staff in various organizations.
- Emerging as a new niche, IP cameras are finding a crucial role in safety applications. This shift is particularly pronounced in Japan, a nation highly vulnerable to earthquakes and tsunamis due to its geological positioning amidst multiple tectonic plates.
- In a recent example, in March 2024, Japan completed the installation of 1,006 security cameras in areas affected by the Noto Peninsula earthquake. These cameras, funded by the National Police Agency, were strategically placed in 12 municipalities, with Wajima leading at 320, followed by Suzu, Noto, Nanao, and Anamizu. The primary goal is to ease disaster victims' anxiety, encouraging "secondary evacuation" to local hotels and inns to mitigate disaster-related casualties.
- Japan's ambition to become a top global tourist destination, coupled with a surge in international events, is set to attract a growing number of visitors. This, in turn, amplifies the significance of surveillance IP cameras in upholding Japan's reputation as one of the safest nations.
- Furthermore, surveillance IP cameras initially focused on crime prevention, are now multifunctional. Consider Chubu Electric Power Co.'s Mirai Tower in Nagoya, where a security camera installed in a shared office stream live footage of Hisaya-Odori Park on YouTube. This live feed showcases crowd density and traffic and offers real-time weather updates, underscoring the expanding role of surveillance IP cameras in Japan.
- Yet, challenges persist. The high costs of procuring and installing advanced video surveillance systems pose a significant hurdle to market growth. Additionally, the looming cybersecurity threats linked to IP-based surveillance cameras are challenges that industry players must address promptly.
Japan Surveillance IP Cameras Market Trends
Increasing Government Investment Driving the Demand
- The Japanese video surveillance sector is witnessing a notable trend. The government is making substantial investments in security systems, especially wireless surveillance. These investments are primarily directed towards safeguarding public infrastructure, spanning airports, city surveillance initiatives, metros, financial institutions, and even hospitality establishments. The overarching goal is to bolster citizen safety, particularly in light of potential threats. For instance, a terrorist attack could not only disrupt essential services like electricity and water but also damage transportation networks, leading to significant human casualties. Consequently, Japan is ramping up its security measures, reinforcing safety protocols, and emphasizing public safety in all facilities.
- Additionally, the escalating rates of burglaries, often exacerbated by natural disasters, are heightening public safety concerns. In the severely affected Ishikawa prefecture, the police reported 32 criminal cases, including burglaries in evacuated homes and thefts from evacuation centers.
- In response, Japan's National Police Agency (NPA) unveiled plans to deploy approximately 1,000 security cameras in the quake-impacted central regions. While the NPA, along with prefectural police forces, will provide 600 cameras, the agency intends to procure the remaining 400 using 135 million yen (approximately 915,000 U.S. dollars) from its fiscal 2023 reserve funds.
- Japan's digital landscape is rapidly transforming, largely driven by the widespread adoption of cutting-edge technologies. Cloud computing, in particular, has emerged as a global game-changer, with Japan leading the charge. A survey conducted by Japan's Ministry of Internal Affairs and Communications in August 2023 highlighted this shift: over 50% of Japanese companies had fully embraced cloud computing services, while an additional 27.1% had integrated these services in specific offices or departments. These technological strides are significantly amplifying the role of surveillance IP cameras in Japan.
Industrial Sector Gradually Gaining Popularity
- Japan's manufacturing landscape is currently in a pivotal phase. Over the past three years, the nation grappled with severe supply chain disruptions stemming from the global pandemic and escalating tensions in the China-US relationship. Consequently, many multinational corporations seek to diversify their supply chains, prioritizing reliability. Japan, renowned for its decades-long reputation for reliability, trustworthiness, and swift production turnaround times, emerges as a prime candidate to address these demands.
- Despite macroeconomic challenges, Japan remains dominant in global manufacturing, boasting significant market shares in various sectors. Notably, the automotive, electronics, and machinery industries serve as cornerstones, celebrated for their products' durability and cutting-edge innovation. However, as highlighted by METI, this market has witnessed notable fluctuations. For instance, industrial production in Japan saw a 4.4% and 3.9% decline in May 2022 and January 2023, respectively, only to rebound with a 2.4% growth in June 2023 compared to the previous month.
- With Japan's promising growth trajectory, investments are on the rise. Video surveillance, in particular, is gaining prominence in the industrial manufacturing landscape. Year after year, manufacturing facilities grapple with preventable challenges due to inadequate surveillance. Worker safety, a top priority for these establishments, is bolstered by surveillance cameras. These systems monitor accident-prone areas and help proactively identify and mitigate potential hazards, thus reducing the risk of incidents. In the unfortunate event of an accident, the surveillance footage is a valuable tool for post-incident analysis, offering insights that guide practical corrective actions, ultimately fostering a safer work environment.
- Moreover, studies have presented that the mere presence of surveillance cameras can enhance adherence to safety protocols. This phenomenon, known as the Hawthorne effect, underscores the pivotal role of video surveillance in instilling a culture of safety in manufacturing settings. All such factors have been driving the studied market in the industrial segment.
Japan Surveillance IP Cameras Industry Overview
In the Japanese surveillance IP cameras market, intense competition prevails, largely driven by the dominance of several major vendors. These vendors command a substantial market share and boast extensive distribution networks. Leading companies in this arena are actively pursuing mergers and acquisitions (M&A) and forging strategic partnerships to bolster their market presence and broaden their reach. Key players in this domain encompass CP Plus, Axis Communication, Panasonic, Honeywell, and Eagle Eye Networks. The competitive dynamics in this market are further intensified by the continuous innovation and technological advancements introduced by these companies, which strive to stay ahead of the curve and meet the evolving demands of consumers.
IP cameras have become indispensable surveillance tools, offering businesses and homeowners a dependable security solution. Boasting features like high-resolution imaging, remote monitoring, scalability, and sophisticated analytics, IP cameras are at the forefront of the evolution of surveillance. Looking ahead, these cameras are set to surpass current capabilities, with future models anticipated to offer AI-driven insights, machine learning enhancements, and seamless integration with other security and building automation systems. The ongoing advancements in IP camera technology are expected to revolutionize surveillance, providing unprecedented levels of security and operational efficiency.
As surveillance technology advances, safeguarding these intelligent cameras from cyber threats becomes paramount. Today's top-tier cameras, equipped for Internet connectivity and remote access, will be joined by future models featuring enhanced encryption techniques and fortified storage solutions. The increasing sophistication of cyber threats necessitates the development of more robust security measures to protect the integrity and functionality of surveillance systems. Consequently, manufacturers are investing heavily in research and development to ensure that their products deliver superior performance and adhere to the highest standards of cybersecurity.
Japan Surveillance IP Cameras Market Leaders
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Axis Communications AB
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CP Plus International
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Sony Corporation
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Japan Security System Corporation
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Hanhwa Group
*Disclaimer: Major Players sorted in no particular order
Japan Surveillance IP Cameras Market News
- July 2024: Hanwha Vision introduced two cutting-edge AI PTZ Plus cameras, the XNP-C9310R and XNP-C7310R. These cameras are designed to swiftly zoom and focus, enhancing situational awareness and response times. With resolutions reaching up to 4K, an adaptable IR range of 300 meters, and a sizable 4K 1/1.8” visual sensor, the cameras ensure clear images, even in low-light conditions. Additionally, their extended tilt range and precise PTZ control make it effortless for teams to monitor details and expansive scenes.
- July 2024: Bosch's FLEXIDOME 3100i camera expanded its product line, prioritizing robust security alongside advanced video analytics and data protection. Its unobtrusive design makes it a prime choice for discreet surveillance in schools, office buildings, and other sensitive locations. The indoor variant, available with or without IR illumination, enhances adaptability to diverse project needs—the IR feature guarantees clear visuals up to 30m (98ft) in low-light conditions. Additionally, the cameras boast integrated varifocal lenses, ensuring crisp, detailed images with a customizable field of view.
- May 2024: VIVOTEK broadened its portfolio with the launch of the 9383-Series network camera. This camera brings AI video analytics within reach, enabling users to discern people and vehicle attributes effortlessly. This not only bolsters operational efficiency but also streamlines management. Moreover, the 9383-Series seamlessly pairs with VIVOTEK's Core+ AI Network Video Recorder (NVR) and the VAST Security Station (VSS) system.
Japan Surveillance IP Cameras Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Impact of Macro Economic Trends on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rising Government Projects Associated with Security Camera Installations to Surge Public Protection
5.1.2 Growing Demand for High Resolution Cameras
5.2 Market Restraints
5.2.1 Data Privacy and Security Concerns
6. MARKET SEGMENTATION
6.1 By End User Vertical
6.1.1 Banking and Financial Institutions
6.1.2 Transporation and Infrastructure
6.1.3 Government and Defense
6.1.4 Healthcare
6.1.5 Industrial
6.1.6 Retail
6.1.7 Enterprises
6.1.8 Residential
6.1.9 Others (Hospitality and Educational Institutes)
7. Competitive Landscape
7.1 Company Profiles
7.1.1 Axis Communications AB
7.1.2 Hanhwa Group
7.1.3 Sony Corporation
7.1.4 Japan Security System Corporation
7.1.5 CP Plus International
7.1.6 Eagle Eye Networks
7.1.7 Hangzhou Hikvision Digital Technology Co., Ltd.
7.1.8 Dahua Technology Co., Ltd
7.1.9 Cisco Systems
7.1.10 VIVOTEK
7.1.11 iPRO
7.1.12 Kowa Company Limited
7.1.13 Honeywell International Inc.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
Japan Surveillance IP Cameras Industry Segmentation
An IP camera, short for internet protocol camera, transmits and receives video footage over an IP network. Primarily employed for surveillance, it stands out from traditional analog CCTV cameras by eliminating the need for a dedicated recording device, relying solely on a local network. These cameras integrate seamlessly into networks, akin to how phones and computers do.
The Japan surveillance IP camera market is segmented by end-user vertical (banking and financial institutions, transportation and infrastructure, government and defense, healthcare, industrial, retail, enterprise, residential, and others (hospitality and educational institutes)). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
| By End User Vertical | |
| Banking and Financial Institutions | |
| Transporation and Infrastructure | |
| Government and Defense | |
| Healthcare | |
| Industrial | |
| Retail | |
| Enterprises | |
| Residential | |
| Others (Hospitality and Educational Institutes) |
Japan Surveillance IP Cameras Market Research FAQs
How big is the Japan Surveillance IP Cameras Market?
The Japan Surveillance IP Cameras Market size is expected to reach USD 2.20 billion in 2024 and grow at a CAGR of 13.90% to reach USD 4.20 billion by 2029.
What is the current Japan Surveillance IP Cameras Market size?
In 2024, the Japan Surveillance IP Cameras Market size is expected to reach USD 2.20 billion.
Who are the key players in Japan Surveillance IP Cameras Market?
Axis Communications AB, CP Plus International, Sony Corporation, Japan Security System Corporation and Hanhwa Group are the major companies operating in the Japan Surveillance IP Cameras Market.
What years does this Japan Surveillance IP Cameras Market cover, and what was the market size in 2023?
In 2023, the Japan Surveillance IP Cameras Market size was estimated at USD 1.89 billion. The report covers the Japan Surveillance IP Cameras Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Surveillance IP Cameras Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Surveillance IP Cameras Industry Report
Statistics for the 2024 Japan Surveillance IP Cameras market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Japan Surveillance IP Cameras analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
